Tag - pif

 
 

PIF

Al Nassr's Cristiano Ronaldo celebrates after scoring a goal during an Asian Champions League contest in Riyadh on Sept. 30.
SOCCER
Oct 9, 2024
From boom to budgeting as reality bites for Saudi soccer
After a jaw-dropping 2023, Saudi transfer spending slumped from $957 million to $431 million in the latest window.
DAZN, the sports-streaming group backed by billionaire Len Blavatnik, may soon sell a stake to Saudi Arabia's Public Investment Fund, according to insiders.
BUSINESS / Companies
Oct 8, 2024
Saudi Arabia's PIF considering minority stake in sports streamer DAZN
Deal could increase Saudi fund's influence in European football, as DAZN is a partner for Italy's Serie A, Spain's LaLiga, Germany's Bundesliga and France's Ligue 1.
Players on Nintendo Switch game consoles. Saudi Arabia's Public Investment Fund is reportedly weighing deploying more capital to Nintendo and its sector peers.
BUSINESS / Companies
Oct 7, 2024
Nintendo jumps after Saudi fund expresses interest in bigger stake
The Saudi government is keen to mold the kingdom into a global gaming industry player and diversify its oil-heavy portfolio.
Nintendo merchandise during the grand opening of Super Nintendo World at Universal Studios Hollywood in Los Angeles last year.
BUSINESS
Oct 5, 2024
Saudi Arabia's PIF mulls larger stake in Nintendo: report
PIF currently owns 8.58% of Nintendo and also has stakes in video game companies Nexon, Capcom, and Koei Tecmo.
Northern Ireland's Rory McIlroy speaks during a news conference ahead of the BMW PGA Championship at Wentworth Club in England on Wednesday.
MORE SPORTS / Golf
Sep 19, 2024
McIlroy says players among hurdles to PGA Tour-PIF deal
The four-time major champion said there were different opinions among all the players about the best way forward.
Japan Times
WORLD
Jul 13, 2022
U.S. to expand its Pacific footprint amid growing Chinese clout in region
The Biden administration will request $60 million per year from the U.S. Congress over the next 10 years in connection with a new economic assistance agreement.
Japan Times
BUSINESS
Sep 2, 2018
Saudi sovereign fund appoints former Dow Chemical CEO Andrew Liveris as special adviser
In its highest-profile appointment of any global manufacturing executive, Saudi Arabia's sovereign fund has named Andrew Liveris, the former chairman and chief executive of Dow Chemical, as a special adviser.
Japan Times
BUSINESS / Companies
Aug 20, 2018
Saudi PIF in talks to invest in aspiring Tesla rival Lucid: sources
PIF, the Saudi Arabian sovereign wealth fund that Tesla Inc. CEO Elon Musk has said could help him fund a $72 billion deal to take his electric carmaker private, is in talks to invest in aspiring Tesla rival Lucid Motors Inc., sources said Sunday.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?